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Strategies & Market Trends : Technical Analysis - Beginners

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To: Trader X who wrote (11556)2/12/2001 4:18:42 PM
From: Michael Watkins  Read Replies (1) of 12039
 
I'm sitting in an airport lounge waiting, waiting waiting...

Re INTC, its waiting waiting too. If the inside bar is broken to the upside and Friday's high is as well, I think that would be more positive confirmation. I simply view inside bars as 'indecision'.

Note the reduced volume on your chart too. Further support for 'indecision'.

intraday 65 minute chart looks a bit better tho... guess we will find out tomorrow for sure.

back to my beer!
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